Powertek Limited
02984342
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 28/10/1994
COMPANY SECRETARY
BRITISH · UNITED KINGDOM · Age 65
Also on 9 other boards
director · Since 28/10/1994
COMPUTER CONSULTANT
BRITISH · ENGLAND · Age 71
Also on 2 other boards
Persons with Significant Control
Mr Tushar Vishnu
British · England · Age 71
5, Jardine House, Bessborough Road, HA1 3EX
Notified 06/04/2016
CompanyRankvs 461280+ SIC 62090 peers32
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The financial statements have been prepared on the going concern basis and the directors confirm their belief in the company's ability to continue as a going concern for a period of at least twelve months from the date of approval of these financial s
Key FinancialsYear ending 31/12/2024
Net Worth
£2
Balance sheet strength
Cash
£7k
Cash in the bank
Net Current Assets
-£12k
Working capital
Current Assets
£11k
Current Liabilities
£23k
Fixed Assets
£4k
Debtors
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.49 |
| 2023 | 0.32 |
| 2022 | 0.19 |
| 2021 | 0.16 |
| 2020 | 0.13 |
| 2019 | 0.32 |
| 2018 | 0.24 |
| 2017 | 0.24 |
Derived from filed accounts. Not audited figures.